gdpr

Meta is reportedly laying off 8,000 employees, about 10% of its workforce, despite record profits. This 'Year of Efficiency' has bred dread as funds shift from staff to AI infrastructure, with billions earmarked for AI development. Employee morale is at historic lows, with some even hoping for layoffs due to generous severance packages.

Germany's military has excluded US firm Palantir from its data systems, citing sovereignty concerns over American companies accessing sensitive national defense information. Berlin prioritizes European alternatives for its significant military expansion, despite Palantir's CEO expressing frustration. This decision highlights growing European unease with US tech influence in critical sectors.

Microsoft Israel's chief has resigned following an internal probe into the misuse of Azure cloud services by the Israeli Ministry of Defense. The investigation revealed ethical breaches and a lack of transparency, impacting Microsoft's global standing. This comes after earlier revelations about Unit 8200's surveillance activities, complicating future contract renewals.

New technologies are allowing people to interact with digital versions of deceased loved ones. Platforms like HereAfter AI and StoryFile create AI personas that can converse and offer advice. This 'grief tech' offers comfort but raises concerns about avoiding reality and the ownership of digital selves. Legal frameworks are still developing to address these posthumous digital interactions.

Scammers are using fake AI bots to build emotional connections. These bots then manipulate users into sending money. An AI companion expert shares five red flags to identify these scams. Legitimate platforms offer transparent pricing and no emotional pressure. Users must be vigilant to protect themselves from these online schemes.

Scale of tracking, P 16

A feature called ACR turns your smart TV into a “two-way mirror”. Your screen may look passive, but the system behind it is capable of observing patterns, preferences and behaviour

Ageas, a Belgian insurer, is prioritizing growth in India, aiming for a top-10 life insurance position and remaining open to inorganic opportunities. The company emphasizes a localized operational model and sees significant potential in India's evolving insurance market, particularly in protection and retirement segments.

The European Union (EU) introduced the General Data Protection Regulation (gdpr) in order to bring together all EU member states' attempts of data regulation and to make sure all the laws related to data protection are applied uniformly in all countries that come under EU.

New Delhi, Nov 20 () Most organisations may not be ready for implementation of EU's General Data Protection Regulation (gdpr) slated to come into effect from May next year, a report by cybersecurity firm Forcepoint today said.

Ireland's Data Protection Commission fined LinkedIn €310 million for violating data privacy regulations. The investigation focused on LinkedIn's use of personal data for targeted advertising. The commission found LinkedIn's practices non-compliant with gdpr standards on user consent and data usage. LinkedIn must now adjust its data processing practices. The ruling highlights the EU's commitment to protecting data privacy.

With the European Union (EU) implementing General Data Protection Regulation (gdpr) from May 25, awareness of individual information security has increased among those active on social media. According to industry players and experts, deleting customer data is not possible under current laws for fintech players. The RBI and income tax (I-T) regulations mandate that all financial institutions maintain customers’ records for a period of seven-10 years. The mandated period goes up to 15 years or more for suspicious financial transactions.

As per the General Data Protection Regulation (gdpr), any personal data must not be kept any longer than it is necessary for the purpose for which the personal data is processed.

European investor Henrick Johansson and Tesla CEO Elon Musk engaged in a public spat on social media. Johansson questioned Musk's wealth and its potential for global good, prompting Musk to label him a 'fool' and criticize EU regulations. Johansson retorted, sarcastically offering Musk a job and suggesting he learn about gdpr, escalating their online exchange.

Advocacy group Noyb has filed complaints against Fitbit in Austria, the Netherlands, and Italy, accusing the fitness tracking company of violating the EU's gdpr privacy regulations. Noyb alleges that Fitbit forces users to consent to data transfers outside the EU and does not provide the option to withdraw consent, in violation of gdpr requirements.

The data protection agency of the German state of Hamburg has warned it not to use the video conferencing app Zoom for fear of data breach, as per a report by Techcrunch. The agency reportedly issued a public warning in a press release, saying that since the user data in the Zoom call is sent to the US for processing, Zoom violates the European Union’s General Data Protection Regulation (gdpr).

In a landmark ruling, the EU General Court ordered the European Commission to pay damages of 400 euros for violating gdpr. This decision marks the first instance of an EU institution being held financially liable for a data protection breach involving the transfer of a user's IP address to Facebook’s parent company, Meta.

WhatsApp has secured a significant legal win, with the European Court of Justice allowing it to challenge a €225 million fine. This penalty was imposed by Ireland's data watchdog over alleged gdpr breaches concerning data sharing with its parent company, Facebook.

The EU law comes into force on May 25, and decrees that consumers or “data subjects” have right to erasure of their data and a right to port their data from one place to another. gdpr enshrines data protection and privacy rights for European users, and holds companies handling their data, wherever they may be, liable for violations.

The Data Protection Commission of Ireland has fined TikTok €345 million for mishandling children's data. The investigation found that TikTok violated gdpr by setting children's accounts to public by default and allowing adults to enable direct messaging for over-16s. The app also failed to properly consider the risks to under-13s on the platform.

Spotify, the popular music streaming platform, has been fined $5.4M in Sweden. The European Union has fined Spotify over the allegations that the company violated the data access rights of its users in the European Union. Spotify needed to provide complete information about the personal data it processes in response to individual requests, but it failed.

Some reports also claim that the hacker is attempting to sell the data, which contains the personal data (such as phone numbers and email addresses) of prominent Twitter users, including Alphabet and Google CEO Sundar Pichai, Bollywood actor Salman Khan, Ministry of Information and Broadcasting of India, Musk-owned SpaceX, CBS Media, Donald Trump Jr., American politician Alexandria Ocasio-Cortez, among others.